$30,000.00 Uses in control Clause


This Instrument is partially exempt from recording tax pursuant to Va. Code Ann. Subsection 58.1-803D. The purpose of this Instrument is to partially refinance the terms of an existing debt with the same lender, which partial debt in the amount of $46,000,000.00 is secured by a deed of trust recorded in the Clerks Office of the Circuit Court of Fairfax County, Virginia, in Deed Book 18421 at page 661 on which tax imposed by Section 58.1-803 has been paid in the amount of $79,733.33. Recording tax is due on the additional indebtedness of $54,000,000.00 in the amount of $133,600.00.

control. means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a person or entity, whether through the ownership of voting securities or general partnership or managing member interests, by contract or otherwise. Controlling and controlled shall have correlative meanings. Without limiting the generality of the foregoing, a person or entity shall be deemed to control any other person or entity in which it owns, directly or indirectly, a majority of the ownership interests.